COE prices close mostly higher, premiums for bigger cars top S$100,000 again

COE prices close mostly higher, premiums for bigger cars top S$100,000 again

For the second bidding exercise in a row, Certificate of Entitlement ( COE ) premiums closed largely higher, with only Category C prices for commercial vehicles falling on Wednesday ( Apr 3 ).

For Category A cars, or those 1, 600cc and below with horsepower not exceeding 130bhp, premiums closed at S$ 89, 000 ( US$ 65, 831 ), up from S$ 85, 489 in&nbsp, the last exercise.

After remaining below that level for many contracts, rates for larger vehicles increased above S$ 100, 000.

Category B rates saw the largest boost this square, rising from&nbsp, S$ 96, 011 to&nbsp, S$ 101, 334.

Open class COEs, which can be used for any car kind but end up being used primarily for huge cars, rose to S$ 101, 002 from S$ 95, 856.

Motorcycle rates closed at S$ 10, 000, away from S$ 9, 689 in the last workout.

COEs for corporate cars, which include items cars and trucks, fell to S$ 67, 501 from S$ 70, 112 in the previous selling practice.

A full of 4, 438 requests were received, with a limit of 2, 509 COEs accessible.